savers credit

As a new year approaches, you can still make some tax-related moves to improve your bottom line in 2013. Start by stashing away $2,000 toward retirement savings in 2012 and get a tax break for part of that contribution. The so-called saver’s credit allows low- and moderate-income workers to offset part of the first $2,000 that they contribute to IRAs, 401(k) and other similar workplace retirement plans. [Calculate how much you need to save to retire comfortably by clicking here]. …